Coterra Energy Inc. (CTRA)

NYSE: CTRA · Real-Time Price · USD
23.52
-0.28 (-1.18%)
At close: Oct 22, 2024, 4:00 PM
23.51
-0.01 (-0.04%)
Pre-market: Oct 23, 2024, 7:00 AM EDT
-1.18%
Market Cap 17.39B
Revenue (ttm) 5.57B
Net Income (ttm) 1.31B
Shares Out 739.27M
EPS (ttm) 1.73
PE Ratio 13.60
Forward PE 11.87
Dividend $0.84 (3.57%)
Ex-Dividend Date Aug 15, 2024
Volume 2,732,197
Open 23.96
Previous Close 23.80
Day's Range 23.51 - 23.96
52-Week Range 22.30 - 28.90
Beta 0.20
Analysts Strong Buy
Price Target 31.88 (+35.54%)
Earnings Date Oct 31, 2024

About CTRA

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company’s properties include the Marcellus Shale with approximately 186,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; Permian Basin properties with approximately 296,000 net acres located in west Texas and southeast New Mexico; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. It ... [Read more]

Sector Energy
IPO Date Feb 7, 1990
Employees 894
Stock Exchange NYSE
Ticker Symbol CTRA
Full Company Profile

Financial Performance

In 2023, Coterra Energy's revenue was $5.68 billion, a decrease of -40.26% compared to the previous year's $9.51 billion. Earnings were $1.62 billion, a decrease of -60.07%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CTRA stock is "Strong Buy." The 12-month stock price forecast is $31.88, which is an increase of 35.54% from the latest price.

Price Target
$31.88
(35.54% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Coterra Energy's Careful Growth

Coterra Energy Inc., an $18.0 billion gas and oil producer, offers a stable dividend, share buybacks, and an upside variable dividend when free cash flow warrants. Although the majority of its product...

7 days ago - Seeking Alpha

3 Dividend Growth Stocks Set to Supercharge Your Portfolio

For dividend-paying companies, maintaining dividend growth is an essential way to demonstrate to investors that a firm is stable and enjoys long-term profitability. Dividend growth is also attractive ...

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15 days ago - Benzinga

Coterra Energy Schedules Third-Quarter 2024 Results Conference Call for Friday, November 1, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, November 1, 2024, at 8:00 AM CT (9:00 AM ET) to discus...

19 days ago - Business Wire

Should Appalachian Natural Gas Producers' Stock Price Resiliency Be Surprising?

In a year where natural gas prices have spent almost the entire year under $3.00 per mcf, including a few months under $2.00, the stock prices of publicly traded Appalachian gas producers have remaine...

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27 days ago - Forbes

Coterra Energy Inc. (CTRA) Barclays 38th Annual CEO Energy-Power Conference (Transcript)

Coterra Energy Inc. (NYSE:CTRA) Barclays 38th Annual CEO Energy-Power Conference September 4, 2024 1:15 PM ET Company Participants Thomas Jorden - Chairman & CEO Conference Call Participants Wei Jian...

6 weeks ago - Seeking Alpha

5 market sectors and 9 stocks to keep on your radar in September

September is the market's cruelest month — except in presidential election years.

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7 weeks ago - Market Watch

Company Leadership Makes Coterra Special

Coterra Energy is a well-managed oil & gas producer with a diversified asset portfolio and low debt levels. Management's disciplined capital allocation and focus on shareholder value are key strengths...

7 weeks ago - Seeking Alpha

Coterra Energy to Participate at Upcoming Conference

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced that Thomas E. Jorden, Chairman, Chief Executive Officer and President, will participate in a fi...

7 weeks ago - Business Wire

The Bottom Fishing Club: Coterra's Natural Gas Exposure Available At Depressed Pricing

Coterra Energy is a top play on depressed natural gas prices, with exploration & production assets in America. High margins, low debt levels, strong cash flow generation, and quality long-life reserve...

2 months ago - Seeking Alpha

The Best Value Stocks to Buy

Value stocks can be defined differently depending on who you ask. Here, we look at ways to measure valuation and how you can find the best value stocks.

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2 months ago - Kiplinger

Coterra Energy, Inc. (CTRA) Q2 2024 Earnings Call Transcript

Coterra Energy, Inc. (CTRA) Q2 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

Coterra Energy misses profit estimates on weak natural gas prices

U.S. oil and gas producer Coterra Energy missed analysts' estimates for second-quarter profit on Thursday, hurt by subdued natural gas prices.

2 months ago - Reuters

Coterra Energy Reports Second-Quarter 2024 Results, Announces Quarterly Dividend, and Provides Third-Quarter 2024 Guidance and Full-Year 2024 Updates

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported second-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 pe...

2 months ago - Business Wire

Crypto, Retail, and Oil Are Hot for Deals. Check These Stocks.

These companies could be potential targets or buyers in the second half of 2024.

3 months ago - Barrons

Energy Stocks: Winners And Losers At The Beginning Of H2 2024

The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weig...

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3 months ago - Seeking Alpha

Coterra Energy Schedules Second-Quarter 2024 Results Conference Call for Friday, August 2, 2024

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, August 2, 2024, at 8:00 AM CT (9:00 AM ET) to discuss ...

4 months ago - Business Wire

Coterra Energy (CTRA) Presents at JP Morgan Energy, Power and Renewables Conference - Company Call Transcript

Coterra Energy Inc. (NYSE:CTRA) Company Conference Call June 18, 2024 8:00 AM ET Company Participants Tom Jorden - President, Chief Executive Officer Conference Call Participants Arun Jayaram - JP Mo...

4 months ago - Seeking Alpha

Dividend Paying Coterra Energy Likely To Rise On M&A

Growing power demand is increasing the need for natural gas-fired power plants due to AI data centers, blockchain, and the electrification of transportation. Natural gas prices are currently low but e...

4 months ago - Seeking Alpha

Cramer's Mad Dash: Coterra Energy

CNBC's Jim Cramer delivers his daily Mad Dash.

4 months ago - CNBC Television

Reasons Behind Last Week's Rally in Natural Gas Prices

The U.S. Energy Department's weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers notwithstanding, futures settled with a week-over-wee...

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4 months ago - Benzinga

NVDA, CSCO, EMR, CTRA: A.I. Momentum Continues to Drive the Markets

A.I. momentum continues to drive the markets. Dan Genter discusses this as Nvidia's (NVDA) 10-for-1 stock split takes effect Friday after the close.

Other symbols: CSCONVDAEMR
4 months ago - Schwab Network

Coterra Energy: Improved 2024 Oil Production Guidance

Coterra exceeded production expectations for Q1 2024. This performance came despite the deferral of 12 Marcellus wells to 2H 2024. CTRA increased its full-year oil production guidance by 2% to 3%.

5 months ago - Seeking Alpha

Coterra Energy, Inc. (CTRA) Q1 2024 Earnings Call Transcript

Coterra Energy, Inc. (NYSE:CTRA) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Daniel Guffey - Vice President of Finance, IR & Treasury Thomas Jorden - Chairman, Chief ...

6 months ago - Seeking Alpha

Coterra Energy beats Q1 profit estimate, raises 2024 oil production outlook

Coterra Energy beat estimates for first-quarter profit on Thursday as higher output volumes helped U.S. shale producer counter a steep decline in natural gas prices.

6 months ago - Reuters

Coterra Energy Reports First-Quarter 2024 Results, Announces Quarterly Dividend, and Updates 2024 Outlook

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported first-quarter 2024 financial and operating results and declared a quarterly dividend of $0.21 per...

6 months ago - Business Wire